USSTOCK.TODAY
Regular Market
Log in Sign up

Investors Turn to Emerging Markets Amid AI Volatility

Bloomberg · ·by G4L

TSM Taiwan Semiconductor Manufacturing ADR
$388.62 +3.51%
View chart & analysis →
  1. 1SK hynix, Samsung Electronics, and TSMC, which hold nearly 30% share within the MSCI Emerging Markets Index, influenced the index.
  2. 2Following a 6.4% drop in the Nasdaq 100 index on Thursday, the proportion of advancing stocks in the MSCI index reached 30% on Friday.
  3. 3The MSCI Emerging Markets benchmark is trading at 8 times expected earnings for the next 12 months.

So what's the key point?

Companies like SK hynix hold a large weight in emerging market indices and drive index movements. Stock prices are trading at 8 times expected earnings, which is significant for investors.

Source Bloomberg · View original ↗

Related 3-line summaries

TSMC October revenue up 59.7% year-on-year; Taiwan exports surge 58.9% CNBC +1 · 12h agoBitcoin price falls to $73,510 on Sunday evening CoinDesk +11 · yesterdayTSMC denies rumors of entering advanced memory manufacturing, reaffirms foundry focus DigiTimes · yesterday
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news